Provides a rebuttable presumption relating to recertification as a minority and women-owned business enterprise if there is no change in the ownership of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.
Summary
Bill S00596 amends the executive law to establish a rebuttable presumption for the recertification of minority and women-owned business enterprises (MWBEs). Specifically, if a business applies for recertification and there have been no changes in ownership or management since its last certification, the application will be presumed compliant with the necessary requirements, provided it meets regulatory criteria. This change aims to streamline the recertification process for MWBEs, reducing bureaucratic hurdles and promoting business continuity for these enterprises.
Impact
The bill impacts state laws by modifying the recertification process for MWBEs, thereby potentially increasing the number of certified businesses that can participate in state contracts. By establishing a rebuttable presumption, the bill seeks to simplify the process for businesses that have maintained consistent ownership and management, which could lead to a more favorable business environment for minority and women-owned enterprises in New York.
Sentiment
The sentiment around Bill S00596 appears to be overwhelmingly positive, as evidenced by the unanimous votes in both the Senate and Assembly. The discussions surrounding the bill indicate strong support for measures that facilitate the growth and sustainability of MWBEs, reflecting a commitment to promoting diversity in state contracting.
Contention
There are no notable points of contention recorded in the discussions or voting history for Bill S00596. The unanimous support in committee and floor votes suggests a consensus among legislators regarding the importance of supporting minority and women-owned businesses through simplified recertification processes.
Same As
Provides a rebuttable presumption relating to recertification as a minority and women-owned business enterprise if there is no change in the ownership of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.
Provides a rebuttable presumption relating to recertification as a minority and women-owned business enterprise if there is no change in the ownership or capital contribution relied upon for certification of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.
Provides a rebuttable presumption relating to recertification as a minority and women-owned business enterprise if there is no change in the ownership or capital contribution relied upon for certification of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.
Provides a rebuttable presumption relating to recertification as a minority and women-owned business enterprise if there is no change in the ownership of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.
Provides a rebuttable presumption relating to recertification as a minority and women-owned business enterprise if there is no change in the ownership of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.
Provides a rebuttable presumption relating to recertification as a minority and women-owned business enterprise if there is no change in the ownership of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.
Requires that certain contracts let by the office of general services be reserved for small businesses, including minority-owned business enterprises and women-owned business enterprises.
Relates to requiring that the annual report from the division of minority and women's business development contain information on the annual minority and women-owned business enterprise utilization and expenditure categorized by minority-owned enterprises, women-owned enterprises, and total utilization and expenditure, and be organized by certain industry categories.
Relates to requiring that the annual report from the division of minority and women's business development contain information on the annual minority and women-owned business enterprise utilization and expenditure categorized by minority-owned enterprises, women-owned enterprises, and total utilization and expenditure, and be organized by certain industry categories.
Increases the minimum required awarded to minority business enterprises from 15% to 20% and of that, requires a minimum of 10% be awarded to minority owned businesses and a minimum of 10% be awarded to women owned businesses.